Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Argentine Peso/Euro (FOREX:ARSEUR)
Bear Market Rally (-75) - ARSEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ARSEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ARSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSEUR
The long-term trend has been DOWN since Nov 23rd, 2018 at 0.02348400
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00865429
The short-term trend has been UP since Oct 18th, 2021 at 0.00871370
Smart Scan Analysis for ARSEUR
Based on our trend formula, ARSEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).